RareWine Invest ApS — Credit Rating and Financial Key Figures

CVR number: 37658987
Østre Havnepromenade 26, 9000 Aalborg
mbt@rarewine.dk

Credit rating

Company information

Official name
RareWine Invest ApS
Personnel
6 persons
Established
2016
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About RareWine Invest ApS

RareWine Invest ApS (CVR number: 37658987) is a company from AALBORG. The company recorded a gross profit of 5057 kDKK in 2023. The operating profit was 611 kDKK, while net earnings were -409 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.8 %, which can be considered weak but Return on Equity (ROE) was -3.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 59.5 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. RareWine Invest ApS's liquidity measured by quick ratio was 2.8 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit4 686.005 929.0012 724.009 107.005 057.00
EBIT982.00995.007 161.004 226.00611.00
Net earnings791.001 032.007 020.00876.00- 409.00
Shareholders equity total2 673.003 705.0010 764.0011 703.0011 247.00
Balance sheet total (assets)32 113.0032 598.0095 065.00346 063.0020 292.00
Net debt- 804.00434.002 692.0069 277.005 447.00
Profitability
EBIT-%
ROA4.8 %4.8 %13.9 %2.0 %0.8 %
ROE34.7 %32.4 %97.0 %7.8 %-3.6 %
ROI44.3 %39.0 %91.7 %9.3 %2.9 %
Economic value added (EVA)640.70576.155 589.722 495.95-58.55
Solvency
Equity ratio58.5 %47.1 %59.2 %13.7 %59.5 %
Gearing2.8 %40.5 %31.7 %592.4 %48.4 %
Relative net indebtedness %
Liquidity
Quick ratio26.29.918.04.82.8
Current ratio1.11.21.21.02.3
Cash and cash equivalents878.001 067.00724.0046.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBA

Variable visualization

ROA:0.78%
Rating: 24/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:59.5%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

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